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INFOCOM
2011
IEEE
13 years 2 months ago
A prior-free revenue maximizing auction for secondary spectrum access
—Dynamic spectrum allocation has proven promising for mitigating the spectrum scarcity problem. In this model, primary users lease chunks of under-utilized spectrum to secondary ...
Ajay Gopinathan, Zongpeng Li
SIGECOM
2009
ACM
139views ECommerce» more  SIGECOM 2009»
14 years 5 months ago
Simple versus optimal mechanisms
The monopolist’s theory of optimal single-item auctions for agents with independent private values can be summarized by two statements. The first is from Myerson [8]: the optim...
Jason D. Hartline, Tim Roughgarden
WWW
2007
ACM
14 years 11 months ago
Dynamics of bid optimization in online advertisement auctions
We consider the problem of online keyword advertising auctions among multiple bidders with limited budgets, and study a natural bidding heuristic in which advertisers attempt to o...
Christian Borgs, Jennifer T. Chayes, Nicole Immorl...
CORR
2008
Springer
162views Education» more  CORR 2008»
13 years 11 months ago
Welfare Undominated Groves Mechanisms
A common objective in mechanism design is to choose the outcome (for example, allocation of resources) that maximizes the sum of the agents' valuations, without introducing in...
Krzysztof R. Apt, Vincent Conitzer, Mingyu Guo, Ev...
IJCAI
2001
14 years 7 days ago
Market Clearability
Market mechanisms play a central role in AI as a coordination tool in multiagent systems and as an application area for algorithm design. Mechanisms where buyers are directly clea...
Tuomas Sandholm, Subhash Suri